Very simple, the pop has popped. The Company needs to get a credit line, increase the dividend and buy alot more receivables. They should hire a senior officer to get the job done. How can earnings increase with collections on the decline without major increases in receivable purchases and or major declines in expenses. They should not use up the cash with expenses if they are not adding alot of new business. This cash should be used by increasing the dividend. With $100 million in cash a $100 credit line is a no brainer for a bank. 1 to 1. What's the problem? Both PRAA and ECPG have huge credit lines and doing very very well because the cost of money is so cheap now.